Crowdsourced news distribution startup Newzulu has entered into a binding agreement to acquire Toronto-based media company Filemobile for approximately AUD$5.06 million (CD$5 million), depending on a number of conditions. To fund the acquisition, Newzulu will undertake a capital raise, details of which will be released at a later date. Newzulu will re-comply with Chapters 1 and 2 of the ASX Listing Rules in respect to the acquisition.
Last night from New York, Moko Social Media Limited, one of the two companies we reported had previously approached Tagroom about an acquisition offer, announced that they had just signed a binding term sheet to acquire 80% of Tagroom.com.
Daniel Oertli and Jason Furnell launched their startup Roomz in early 2013. Earlier this year, the startup was acquired by REA Group.
Sydney-founded security analytics innovator Packetloop was acquired by a global leader in the field of network security, Arbor Networks, in September 2013 – two years after the startup was founded by computer security consultants Scott Crane, Michael Baker and Tyson Garrett.
Bigcolors has announced today that it has agreed to acquire GetViable, an Australian business idea incubation company, for an undisclosed amount.
Startup Daily has just confirmed that Netcomber.com has just been acquired by Profound Networks.
Netcomber.com was founded by Sydney based Luke Metcalfe, who owns Rapid Intelligence and also publishes NationMaster.com in December 2012 and Andre Weyher, who was part of Matt Cutts’ famous Search Quality team at Google later joined to head up PR and Marketing and drive the business forward.
If you have never heard of the juggernaut that is Twitch, then it is highly likely you are not a massive gamer. Twitch was founded by Justin Kan and Emmett Shear in 2011, and is one of the first websites to host live streaming user-generated video, of video gaming.
It was revealed over night that Freelancer.com has acquired Warrior Forum in a $3.2 million dollar deal. The move is congruent with the game plan CEO, Matt Barrie spoke of when filing the companies IPO last year.